ICE Futures U.S. to Cease Options Floor Trading on Oct. 19
Intercontinental Exchange Inc. (ICE)’s New York futures exchange plans to cease all floor trading in its options contracts at the close of business on Oct. 19 as it switches to electronic buying and selling exclusively.
“The exchange will continue to support access to the electronic platform for exchange-member brokers and proprietary traders from the floor facility,” the Atlanta-based company said today in an e-mailed statement.
ICE Futures U.S. went to electronic-only trading for its futures contracts in March 2008.
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